Uber says it lost $1.8 billion in 2018

Uber lost $2.9 billion in the first quarter as its overseas investments were hammered by the coronavirus pandemic.Uber lost $2.9 billion in the first quarter as its overseas investments were hammered by the coronavirus pandemic......»»

Uber Technologies Inc. has lost a combined $7.4 billion the past three financial quarters since it went public in May 2019. Analysts polled by FactSet expect more of the same on Thursday, when the ride-hailing service announces its fourth-quarter results......»»

Ride-hailing firm Uber says it received more than 3,000 reports of sexual assault, including rape, in the United States during 2018, at a time when it operated roughly 1.3 billion rides. Eve Johnson reports......»»

Ride-hailing firm Uber Technologies Inc on Thursday said it had received more than 3,000 reports of sexual assault, including rape, related to its trips in the United States in 2018, at a time when it operated roughly 1.3 billion rides......»»

Once Silicon Valley’s highest-flying darlings, companies from WeWork to Uber have collectively lost about $100 billion in value this year, prompting some startup executives to talk up profitability over growth......»»

Today, Uber released its 3rd quarter earnings report to investors a week after Lyft released theirs. Uber lost $1.2 billion in Q3 and laid off... The post Gig Workers Rising Response to Uber’s Q3 Earnings Announcement appeared first on ValueWalk......»»

Uber has lost more than $7 billion so far this fiscal year, prompting a flurry of questions from some analysts about its long-term prospects......»»

Uber has lost more than $7 billion so far this fiscal year, prompting a flurry of questions from some analysts about its long-term prospects......»»

Asian businesses, in particular, will feel the impact of extreme weather conditions. In 2018, the region lost $54.7 billion to natural disasters, second only to North America......»»

Uber announced it lost $5.2 billion in just one quarter — its biggest loss ever. So how do companies lose so much money and still stay afloat?.....»»

Uber Technologies Inc. shares plunged 12% in the extended session Thursday after the ride-hailing service reported a whopping $5.24 billion loss......»»

Uber (UBER) lost another billion dollars and investors are happy about it. The stock price was up over 4% on open and is trailing down in morning trading as the rest of the market breaks. Wa.....»»

The five leading third-party food delivery services generated a total of $10.2 billion in U.S.-only sales in 2018......»»

Shares of Uber ended their first day of trading with a rare drop of 7.6% as investors questioned the value of a company that's lost $8 billion since it created the ride-sharing industry and a stock debut during the worst week for global stocks this year......»»

Shares of Uber started their first day of trading with a rare drop as investors question the value of a company that's lost $8 billion since it created the ride-sharing industry......»»

Lyft Inc on Tuesday forecast that 2019 would be the peak year for losses after the ride service company lost $1.1 billion in its first quarter, just days ahead of rival Uber's IPO......»»

Uber Technologies Inc. filed its long-awaited initial public offering documents April 12 and at first blush its financial performance for 2018 looked surprisingly good, with net income of $977 million on revenue of $11.3 billion. But on an adjuste.....»»

Uber Uber believes its Uber Eats app addresses a $795 billion market. So far, it believes it has only penetrated 1% of that market considering Gross Bookings for Uber Eats have reached $7.9 billion in 2018. The company says it views Uber .....»»

China's ZTE Corp made a net profit of 276 million yuan in the fourth-quarter as it recovered from costly U.S. sanctions which dragged it to an overall 2018 loss of 7.0 billion yuan ($1 billion)......»»

President Donald Trump's trade battles cost the U.S. economy $7.8 billion in lost gross domestic product in 2018, a study by a team of economists at leading American universities published this week showed......»»